6162 Woodford DrLake ViewNY14085
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lake View at 6162 Woodford Dr, Lake View, NY, 14085 listed at $385,000 pairs $3,294/mo rent with a $1,884/mo payment to leave $723/mo cash flow. Total monthly income runs $3,294/mo, and annual cash flow reaches $8,681/yr on $127,628 cash to close. Return on cash invested measures 26.71% in year one, and rental yield registers 10.27% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 139.97% and total cumulative return in cash totals $178,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,294/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
5,963 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14085, Lake View, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,017 (100%) |
| Owner Occupied HU | 2,754 (91.3%) |
| Renter Occupied HU | 138 ( 4.6%) |
| Vacant Housing Units | 125 ( 4.1%) |
| Median Home Value | $318,886 |
| Average Home Value | $350,070 |
Housing Distribution
Address Breakdown
Residential
2,969
Single Family
2,969
Multi-Family
0
Businesses
79
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